1 Overall Trade Balance

1.1 Trade Balance with Exports and Imports

1.1.1 Overview

U.S. Trade Balance showing exports, imports, and the trade deficit

1.1.2 12-Month Rolling Sum

1.1.3 YoY Change

U.S. Trade Balance YoY Changes showing exports, imports, and trade deficit growth rates

1.1.4 3MMA

U.S. Trade Balance 3-Month Moving Averages showing exports, imports, and the trade deficit

1.1.5 3MMA SAAR

U.S. Trade Balance 3MMA SAAR showing exports, imports, and the trade deficit

2 Trade in Goods: Country Analysis

2.1 Monthly Values

2.1.1 Imports from Key Trading Partners

2.1.2 Exports to Key Trading Partners

2.2 Market Share Analysis

2.2.1 Import Shares (12-Month Rolling)

2.2.2 Export Shares (12-Month Rolling)

2.2.3 Trade Volume Shares (12 mo. rolling)

2.2.4 Index for imports

2.2.5 Index for Exports

2.3 MoM Change

2.3.1 MoM Change in Imports by Country

United States - Import of Goods by Country (MoM % Change)
Countries May-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Share of total
European Union 14.7 13.3 7.3 33.2 -35.6 6.9 16.2
Mexico 12.6 2.7 2.7 2.0 -10.3 8.0 12.9
All other countries 12.1 -0.9 5.9 5.6 -9.8 -2.2 12.8
Canada 10.2 8.9 -4.4 -7.8 -17.2 0.5 8.4
China 10.8 6.3 -4.0 -8.1 -18.9 -26.3 6.0
South/Central America 4.0 -4.7 1.3 8.0 -2.4 1.2 4.3
Germany 4.1 10.3 -1.2 3.1 -13.6 4.2 3.8
Japan 3.8 12.3 -12.2 8.4 -0.3 -1.9 3.7
Korea, South 3.5 -0.6 -4.2 13.7 -21.5 14.9 3.1
India 2.2 -1.7 18.7 18.6 -15.0 -7.4 2.5
France 1.5 6.9 0.6 48.5 -22.2 -12.8 1.5
United Kingdom 1.7 17.3 -8.0 11.1 -31.6 3.3 1.4
Brazil 1.1 -2.5 14.3 1.3 -17.1 23.8 1.2
CAFTA-DR 0.9 -11.1 3.6 14.4 -4.2 -5.6 0.9
Israel 0.5 -8.7 5.9 16.8 -11.9 -39.4 0.3
Saudi Arabia 0.4 55.4 -7.6 -29.2 -15.5 18.6 0.2
Source: US Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.2 MoM Change in Exports by Country

United States - Export of Goods by Country (MoM % Change)
Countries May-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Share of total
All other countries 14.0 5.1 -4.2 1.9 0.4 -1.5 14.5
European Union 13.3 7.1 -6.6 11.9 2.8 -2.8 14.3
Mexico 12.6 2.8 2.1 0.7 -4.5 -1.0 11.7
Canada 13.3 3.2 2.8 -2.4 -10.5 -2.4 11.2
South/Central America 7.7 3.6 2.7 -2.8 -0.3 1.3 7.7
United Kingdom 2.5 -19.1 56.6 -12.0 9.1 -13.1 3.3
Japan 3.0 -2.6 6.5 1.8 2.9 -2.9 3.0
China 5.4 -10.4 8.2 -3.7 -19.7 -19.9 3.0
Germany 2.9 17.2 -2.9 18.0 -2.1 -10.9 2.8
Korea, South 2.6 8.9 2.5 -8.1 13.5 -11.7 2.3
Brazil 1.9 -2.3 6.3 1.9 -2.8 7.5 2.1
France 1.6 19.8 -12.7 10.8 -1.2 16.1 2.0
CAFTA-DR 1.7 -1.9 0.2 3.4 -4.0 -0.5 1.6
India 1.6 4.7 8.7 -14.0 21.0 -13.6 1.5
Israel 0.5 -6.1 -0.8 16.1 -16.5 17.8 0.6
Saudi Arabia 0.6 -7.4 24.2 -17.2 55.1 -22.3 0.5
Source: US Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

3 Petroleum vs. Non-Petroleun

3.1 Petroleum vs. Non-Petroleum Trade Balance

3.2 Petroleum Trade Flows

3.2.1 Imports

3.2.2 Exports

4 Product Category Analysis

4.1 Top Products

4.1.1 Exports

Top 10 U.S. Exports by HS4 Code – May 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 11.52 6.3
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 8.89 4.9
7115 ARTICLES OF OR CLAD WITH PRECIOUS METAL NESOI 7.79 4.3
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 7.49 4.1
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 6.39 3.5
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 5.44 3.0
9880 LOW VALUE EXP SHP; CANADIAN. EST LATE RECEIPTS 5.43 3.0
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 4.92 2.7
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 4.66 2.5
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 4.19 2.3
Total Exports: $183 billion

4.1.2 Imports

Top 10 U.S. Imports by HS4 Code - May 2025
HS Code Description Value ($B) Share (%)
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 20.11 7.3
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 15.95 5.8
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 12.00 4.3
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 10.27 3.7
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 10.23 3.7
9801 EXPTS OF REPAIRED IMPTS; IMPTS OF RETURNED EXPTS 8.60 3.1
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 7.74 2.8
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 7.07 2.6
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 6.78 2.5
2937 HORMONES; DERIVATIVES & STERIODS USED AS HORMONES 6.05 2.2
Total Imports: $276.5 billion

4.1.3 Top Imports Trajectory

4.1.4 Top Exports Trajectory

4.2 Product Category Analysis

4.2.1 Imports by General Aggregation

4.2.2 Exports by General Aggregation

4.2.3 Detailed Category Imports

4.2.4 Detailed Category Exports

5 Extras

5.1 Product by Country Tables

5.1.1 Canada Exports

Top 10 U.S. Exports by HS4 Code - Canada - May 2025
HS Code Description Value ($B) Share (%)
9880 LOW VALUE EXP SHP; CANADIAN. EST LATE RECEIPTS 1.56 5.7
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 1.15 4.2
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 0.96 3.5
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.92 3.4
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 0.86 3.1
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 0.80 2.9
7108 GOLD (INCL PLAT PLATED), UNWR, SEMIMFR OR POWDER 0.68 2.5
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.45 1.6
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.44 1.6
8407 SPARK-IGNITION RECIP OR ROTARY INT COMB PISTON ENG 0.40 1.5
Total Exports: $27.4 billion

5.1.2 Canada Imports

Top 10 U.S. Imports by HS4 Code - Canada - May 2025
HS Code Description Value ($B) Share (%)
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 6.82 22.6
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 2.18 7.2
9801 EXPTS OF REPAIRED IMPTS; IMPTS OF RETURNED EXPTS 1.33 4.4
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 0.91 3.0
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 0.73 2.4
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.71 2.4
8411 TURBOJETS, TURBOPROPELLERS & OTH GAS TURBINES, PTS 0.65 2.1
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 0.48 1.6
0306 CRUSTACEANS 0.48 1.6
7601 ALUMINUM, UNWROUGHT 0.46 1.5
Total Imports: $30.2 billion

5.1.3 Mexico Exports

Top 10 U.S. Exports by HS4 Code - Mexico - May 2025
HS Code Description Value ($B) Share (%)
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 2.18 7.7
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 2.03 7.2
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 1.72 6.1
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 1.01 3.6
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 0.83 2.9
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.75 2.7
9880 LOW VALUE EXP SHP; CANADIAN. EST LATE RECEIPTS 0.74 2.6
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.58 2.1
1005 CORN (MAIZE) 0.57 2.0
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.50 1.8
Total Exports: $28.2 billion

5.1.4 Mexico Imports

Top 10 U.S. Imports by HS4 Code - Mexico - May 2025
HS Code Description Value ($B) Share (%)
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 7.23 15.6
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 4.02 8.7
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 3.00 6.5
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 2.96 6.4
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 1.59 3.4
9018 MEDICAL, SURGICAL, DENTAL OR VET INST, NO ELEC, PT 1.28 2.8
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.99 2.1
8701 TRACTORS (OTHER THAN WORKS TRUCKS OF HEADING 8709) 0.81 1.7
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.81 1.7
8415 AIR CONDITIONING MACHINES (TEMP & HUM CHANGE), PTS 0.80 1.7
Total Imports: $46.3 billion

5.1.5 China Exports

Top 10 U.S. Exports by HS4 Code - China - May 2025
HS Code Description Value ($B) Share (%)
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 0.76 11.5
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.60 9.2
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 0.54 8.2
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 0.38 5.7
9018 MEDICAL, SURGICAL, DENTAL OR VET INST, NO ELEC, PT 0.24 3.7
8486 MACH,APP MANUF SEMICON BOULES ETC;C84 NT 11(C);PT 0.23 3.4
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.21 3.2
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 0.13 2.0
2901 ACYCLIC HYDROCARBONS 0.13 2.0
9031 MACHINES, NESOI IN CHAPTER 90; PROFILE PROJECT, PT 0.10 1.5
Total Exports: $6.6 billion

5.1.6 China Imports

Top 10 U.S. Imports by HS4 Code - China - May 2025
HS Code Description Value ($B) Share (%)
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 1.08 5.3
8507 ELECTRIC STORAGE BATTERIES, INCL SEPARATORS, PARTS 0.83 4.1
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 0.69 3.4
9999 SALVAGE;ESTIMATE OF LOW VALUED IMPORT TRANSACTIONS 0.66 3.2
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 0.54 2.6
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 0.53 2.6
9801 EXPTS OF REPAIRED IMPTS; IMPTS OF RETURNED EXPTS 0.43 2.1
9503 TOYS NESOI; SCALE MODELS ETC; PUZZLES; PARTS ETC 0.41 2.0
3926 ARTICLES OF PLASTICS (INC POLYMERS & RESINS) NESOI 0.37 1.8
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 0.33 1.6
Total Imports: $20.5 billion

5.2 Country Trajectories

5.2.1 Mexico Import

5.2.2 China Import

5.3 Product by HS4 Code Tables

5.3.1 HS 8471 Imports

Top 10 U.S. Import Sources for HS 8471 - Automatic Data Processing Machines (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 7.23 35.9
5830 TAIWAN 7.10 35.3
5520 VIETNAM 3.51 17.4
5490 THAILAND 1.10 5.5
5700 CHINA 0.54 2.7
5650 PHILIPPINES 0.11 0.6
4351 CZECH REPUBLIC 0.06 0.3
5570 MALAYSIA 0.06 0.3
4190 IRELAND 0.05 0.3
4280 GERMANY 0.04 0.2
Total Imports: $20.1 billion

5.3.2 HS 8471 Exports

Top 10 U.S. Export Destinations for HS 8471 - Automatic Data Processing Machines (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 0.83 16.9
5830 TAIWAN 0.43 8.8
4210 NETHERLANDS 0.41 8.4
1220 CANADA 0.38 7.7
5590 SINGAPORE 0.37 7.6
5330 INDIA 0.26 5.2
5880 JAPAN 0.21 4.3
5570 MALAYSIA 0.19 3.8
6021 AUSTRALIA 0.17 3.4
4280 GERMANY 0.16 3.3
Total Exports: $4.9 billion

5.3.3 HS 8542 Imports

Top 10 U.S. Import Sources for HS 8542 - Electronic Integrated Circuits (May 2025)
Country Code Country Name Value ($B) Share (%)
5830 TAIWAN 0.98 31.0
5570 MALAYSIA 0.93 29.4
5081 ISRAEL 0.20 6.3
2230 COSTA RICA 0.16 5.1
4190 IRELAND 0.12 3.6
5800 KOREA, SOUTH 0.11 3.6
5700 CHINA 0.11 3.5
5880 JAPAN 0.09 3.0
5490 THAILAND 0.07 2.3
5650 PHILIPPINES 0.07 2.1
Total Imports: $3.2 billion

5.3.4 HS 8542 Exports

Top 10 U.S. Export Destinations for HS 8542 - Electronic Integrated Circuits (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 1.01 24.0
5700 CHINA 0.76 18.1
5570 MALAYSIA 0.62 14.7
5830 TAIWAN 0.59 14.1
5800 KOREA, SOUTH 0.17 4.2
5520 VIETNAM 0.14 3.3
5650 PHILIPPINES 0.10 2.5
5820 HONG KONG 0.10 2.3
3510 BRAZIL 0.09 2.1
5490 THAILAND 0.08 1.9
Total Exports: $4.2 billion

5.3.5 HS 3002 Imports

Top 10 U.S. Import Sources for HS 3002 - Human/Animal Blood; Vaccines (May 2025)
Country Code Country Name Value ($B) Share (%)
4190 IRELAND 3.41 33.2
4280 GERMANY 1.51 14.7
4210 NETHERLANDS 1.18 11.4
4231 BELGIUM 0.84 8.2
4759 ITALY 0.73 7.1
5800 KOREA, SOUTH 0.46 4.5
5880 JAPAN 0.43 4.1
5590 SINGAPORE 0.38 3.7
4419 SWITZERLAND 0.34 3.3
4330 AUSTRIA 0.21 2.0
Total Imports: $10.3 billion

5.3.6 HS 3002 Exports

Top 10 U.S. Export Destinations for HS 3002 - Human/Animal Blood; Vaccines (May 2025)
Country Code Country Name Value ($B) Share (%)
4210 NETHERLANDS 0.71 13.1
4280 GERMANY 0.58 10.6
5700 CHINA 0.54 9.8
4190 IRELAND 0.51 9.5
5880 JAPAN 0.41 7.5
4231 BELGIUM 0.33 6.1
4279 FRANCE 0.29 5.4
4419 SWITZERLAND 0.23 4.2
4700 SPAIN 0.19 3.5
3510 BRAZIL 0.17 3.1
Total Exports: $5.4 billion

5.4 HS4 Product Trajectories

5.4.1 HS 8542 Imports

5.4.2 HS 8542 Exports

5.4.3 HS 3002 Imports

This report was automatically generated using R Markdown. For questions or updates, please contact the Trade Analysis Team.